A Public Display of Facebook

Facebook founder and CEO Mark Zuckerberg in August at a Facebook event.
(Rubin Museum)

Today it's official. The social networking site Facebook filed to sell shares on the stock market. In its filing, the company said it was seeking to raise $5 billion and wants the ticker FB for its shares. But Facebook is aiming higher, hoping that the initial public offering could value the company to somewhere between $75 and $100 billion.

Ian Maude is an analyst with Enders Analysis in the UK, and a former Vice President at AOL.

Tags:

Comments [1]

Bruce Berr
from Glenview, IL

Subject: regional dialects. "Garden apartment" in St. Louis means a set of apartment (buildings) that share common grass, trees, etc. However, on Long Island, NY, "Garden apartment" means something totally different: an apartment in an apartment building that is partially or totally below ground level. So in St. Louis, it's a highly desirable thing - on Long Island, one of the less desirable apartments.